Bank Of Baku

Azerbaijani oil price rises in price

Azerbaijani oil price rises in price
# 09 June 2026 09:41 (UTC +04:00)

The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased on global markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil rose by $0.61, or 0.61%, to $100.09.

Note that the previous price of Azerbaijani oil stood at $99.48 per barrel.

Recall that Azerbaijan’s 2026 state budget was calculated based on an average price of $65 per barrel of Azeri Light crude oil.

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